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524 Krug St

Krug St, Rosemount, Kitchener, ON, N2B 1L6

5
Beds
3
Baths
2,879
Sq. Ft.
$965,000
List Price
Details
Photos
40
Comparables
History
524 Krug St, Kitchener, ON - 1 of 3
524 Krug St, Kitchener, ON - 2 of 3
524 Krug St, Kitchener, ON - 3 of 3
New
3 days on market

Quick Summary

  • Prime investment opportunity in desirable location
  • Well-maintained legal triplex with exceptional potential
  • Conveniently located near expressway and downtown
  • Oversized 53' x 163' lot with future development potential
  • Three separately metered units in great condition
  • Recent updates including roof, furnace, and windows
  • Bright and appealing lower unit with above-grade windows
  • Commercial coin-operated laundry system and ample parking

Prime investment opportunity in the heart of Kitchener! Welcome to 524 Krug Street, a well-maintained legal triplex offering exceptional potential for savvy buyers. Ideally located just minutes from the expressway and under 10 minutes to Downtown Kitchener, this property combines convenience and value. Set on an oversized 53' x 163' lot,... Show More

Prime investment opportunity in the heart of Kitchener! Welcome to 524 Krug Street, a well-maintained legal triplex offering exceptional potential for savvy buyers. Ideally located just minutes from the expressway and under 10 minutes to Downtown Kitchener, this property combines convenience and value. Set on an oversized 53' x 163' lot, the property features three separately metered units: a one-bedroom unit and a pair of two-bedroom units, all in great condition. Updates include the roof (2014), furnace, vinyl windows, and eaves, providing peace of mind for future owners. The lower unit boasts above-grade windows, allowing natural light to create a bright and appealing living space, while the oversized lot offers potential for a future accessory dwelling to further maximize returns. Additional features include a commercial coin-operated laundry system and ample private parking. With the upper two-bedroom unit becoming vacant on February 1, 2025, this property offers immediate flexibility for setting new market rent for this unit or owner-occupancy. Contact us today to schedule your private showing and take advantage of this exceptional investment opportunity! (id:54626)

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Property Details

Size

2,879 sq. ft.
across 2 floors
5 Beds
3 Baths
3 Full

Parking

4 Parking Spaces
-

Lot

Size
647′12″ * 1943′12″
Acres
-

Build

Year Built
1957
Model Name
-
Basement
Finished
Exterior
Brick Veneer
Foundation
Poured Concrete
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
None

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40681541
Last Updated
November 27, 2024
Brokerage
Chestnut Park Realty Southwestern Ontario Limited,Chestnut Park Realty Southwestern Ontario Ltd., Brokerage
Powered by: REALTOR.ca
Call us 800-591-0566

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